U.S. Q1 Hotel Pipeline Steady as Demand Grows
The total number of U.S. hotel construction projects in the development pipeline at the end of the first quarter was… Read More »
IATA reports passenger traffic recovery continues in March
The International Air Transport Association (IATA) in Geneva announced passenger data for March 2022 demonstrating that the recovery of air… Read More »
Boeing Capital reports liquidity for aircraft finance sector close to pre-COVID levels
A report from Boeing Capital Corporation, a subsidiary of Boeing, reveals that liquidity for aircraft financing is now close to… Read More »
Airbus demonstrates A220 in a tour across Asia-Pacific
Airbus has deployed an A220 passenger aircraft to showcase the airplane’s features and capabilities for customers across Asia-Pacific. The aircraft,… Read More »
EU approved Romanian government €1.9 million in financial aid to TAROM
The European Commission has given the green light for the Romanian government to allocate €1.9 million in financial aid to… Read More »
Ohio man gets 60 days in jail for outburst during Frontier Airlines flight
A Norwalk, Ohio, man was sentenced Tuesday May 3 to 60 days in jail for an outburst on a Frontier… Read More »
Inflation dims Hilton profit projections
Hilton Worldwide cited inflation’s impact on labor and other costs in forecasting an annual profit below market expectations. Surging leisure… Read More »
Caption by Hyatt begins rollout in Memphis, Tenn.
Memphis, Tenn., has been chosen for Hyatt Hotels Corp.’s first Caption by Hyatt, an upscale, limited-service brand with emphasis on… Read More »
Eastern European hospitality takes hit from war in Ukraine
The Russian invasion of Ukraine has sidelined what figured to be a robust recovery for the hotel business in Eastern… Read More »
Trump group pays $750K to D.C. in flagship hotel suit
Former President Donald Trump’s 2017 inauguration committee and the Trump family business have agreed to pay $750,000 to settle a… Read More »
Preparation may begin this year for Google village
Site preparations, including infrastructure upgrades, for Google’s planned mixed-use village in San Jose, Calif., are expected to begin this year…. Read More »
Expedia chief sees blue skies in 81% Q1 earnings leap
Expedia Group’s CEO celebrated an 81% year-over-year first-quarter revenue increase with a rosy outlook for leisure travel and beyond. “We… Read More »